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Capri, Tapestry Scrap Merger
Tapestry Made The Right Decision To Go It Alone Without Capri Dragging It Down
Tapestry dodged a bullet by canceling its acquisition of Capri Holdings. It is freed from taking on the many problems at Capri just as the global luxury market declines.
Tapestry and Capri End Plans for ‘Accessible Luxury’ Merger
Tapestry, the owner of Coach, said it would abandon its $8.5 billion deal to buy Capri, the parent company of Michael Kors, after the Federal Trade Commission successfully sued to stop the transaction.
Fashion houses Tapestry and Capri end merger plan as FTC gets a luxury win
The parent companies of brands such as Coach, Kate Spade, Versace and Michael Kors decided not to proceed with a court battle.
GlobalData on MSN
6h
Capri outlines return to growth plan as Tapestry merger falls apart
Luxury fashion parent company of Coach and Kate Spade, Tapestry and global fashion luxury group Capri Holdings have mutually ...
1h
Tapestry Poised For Solid Growth After Capri Merger Termination, Analysts Cite Struggles And Missteps At Capri
Tapestry ended its merger with Capri Holdings, but analysts remain upbeat on Tapestry's growth while downgrading Capri's ...
1d
Coach Owner Tapestry Calls Off Capri Bid On Regulatory Blocks
Fashion group Tapestry said Thursday that it was dropping its $8.5 billion bid for Capri, the owner of luxury brands ...
1d
Tapestry And Capri Call Off $8.5B Deal Amid Legal Hurdles
Tapestry, Inc. (NYSE:TPR) shares are trading higher premarket on Thursday after the company disclosed that it has reached an ...
1d
on MSN
Maker of Coach handbags calls off merger with company that produces Michael Kors accessories
Fashion company Tapestry says it’s terminating its proposed merger with Capri because the two luxury groups don’t expect to ...
18h
Why Tapestry (TPR) Stock Is Trading Up Today
Shares of luxury fashion conglomerate Tapestry (NYSE:TPR) jumped 13.2% in the afternoon session after the company announced ...
Retail Dive
3d
Capri revenue falls sharply as hopes of a Tapestry merger dim
So, management needs to own this ongoing failure to drive the sales line.” Saunders also said that the prospect of an ...
6d
Why Capri Holdings Stock Was Falling Today
The merger was blocked after a district court agreed with the Federal Trade Commission that the deal would significantly ...
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Michael Kors
Coach
Federal Trade Commission
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